Add to ORKGIn this study we are not arguing that competition as it actually occurs in practice is not socially beneficial. Our criticism is directed instead at the false belief that rational profit-maximizing behavior and competition as defined by neoclassical economic theory will lead to a welfare-maximizing outcome-again, as defined by neoclassical theory
A philosophical critique given of the Neoclassical assumption of utility maximization suggests that ...
Neo Classical economists used to posit that, since consumers are rational, they make decisions to ma...
The consequences of selecting alternatives spurred scientists to create theories of rational decisio...
Critics of behavioral economics often argue that apparent irrationality arises mainly because test s...
This essay presents a critique of the standard ascension from the rational agent to the optimal mark...
A decision-maker may be said to be rational if his decisions fulfill two conditions: first, they are...
Revealed Preference Theory (Samuelson 1938) is an attempt to establisheconomic theory as a genuine e...
神奈川県茅ヶ崎市 The concept of rationality is often quoted in the literature of social sciences, but its im...
The observation of the actual behavior by economic decision makers in the lab and in the field justi...
The extent to which neoclassical economics reflects a set of subjective values of Enlightenment thin...
Efficiency and equity in economics always seem to be at odds. In terms of ultimate truth a dichotom...
In analyzing economic phenomena that occur in the midst of society, economists always use assumption...
In a recent paper, Etzioni (1986) presented the thesis that non-rational behavior was effortless and...
The behavioral challenge to the rational choice paradigm is oriented toward individual decision-maki...
The neoclassical paradigm has proven to be a rich approach for evaluating a variety of issues for in...
A philosophical critique given of the Neoclassical assumption of utility maximization suggests that ...
Neo Classical economists used to posit that, since consumers are rational, they make decisions to ma...
The consequences of selecting alternatives spurred scientists to create theories of rational decisio...
Critics of behavioral economics often argue that apparent irrationality arises mainly because test s...
This essay presents a critique of the standard ascension from the rational agent to the optimal mark...
A decision-maker may be said to be rational if his decisions fulfill two conditions: first, they are...
Revealed Preference Theory (Samuelson 1938) is an attempt to establisheconomic theory as a genuine e...
神奈川県茅ヶ崎市 The concept of rationality is often quoted in the literature of social sciences, but its im...
The observation of the actual behavior by economic decision makers in the lab and in the field justi...
The extent to which neoclassical economics reflects a set of subjective values of Enlightenment thin...
Efficiency and equity in economics always seem to be at odds. In terms of ultimate truth a dichotom...
In analyzing economic phenomena that occur in the midst of society, economists always use assumption...
In a recent paper, Etzioni (1986) presented the thesis that non-rational behavior was effortless and...
The behavioral challenge to the rational choice paradigm is oriented toward individual decision-maki...
The neoclassical paradigm has proven to be a rich approach for evaluating a variety of issues for in...
A philosophical critique given of the Neoclassical assumption of utility maximization suggests that ...
Neo Classical economists used to posit that, since consumers are rational, they make decisions to ma...
The consequences of selecting alternatives spurred scientists to create theories of rational decisio...